The latest overall job loss numbers showed a loss of 247,000 jobs in July and the unemployment rate fell to 9.4%, the fewest losses since August last year. The June and May numbers were revised downward as well. Here is a breakdown of where the job losses were as well as which sectors were adding jobs.
Both the S&P and Dow edged higher on Tuesday after better-than-expected economic data further suggested a recovery was underway...
Stocks ended flat Tuesday as investors took a breather after Monday's blockbuster rally.
Cramer doesn’t think so – here’s why. Plus, get calls on machinery stocks, IPOs and more.
Interest rate sensitive stocks are the market leaders today. Banks, REITs, and home builders are all strong intraday. The advance in REITs is curious, since the fundamentals on commercial real estate remain poor.
Stocks wavered Tuesday with investors nudging them only modestly higher by lunchtime. Is there still room to run or the rally done?
Jeff Layman, of BKD Wealth Advisors, and William Lefkowitz, of V-Finance, shared their best stock and sector plays for the dog days of summer.
Plus, get calls on the banks, natural gas and more.
The recovery trade continues today. Cyclicals are notably outperforming more defensive names once again, with the Morgan Stanley Cyclical Index is up 3 percent, while the Morgan Stanley Consumer Index is up just 0.75 percent. This extends the recent trend that has taken place during the current summer rally.
In sports, it’s important to play defense AND offense. In investing, the same holds true. After months of defensive strategies, consider your overall offensive strategy as we seem to be seeing an apparent turn in the world's economic fortunes.
US markets hit the highest levels of 2009 enforcing a summer rally, and turned in the best July since 1989 for the Dow, and 1997 for the S&P and Nasdaq. Additionally, July was the best monthly performance for the Dow since October, 2002, and April, 2009 for the S&P and Nasdaq.
Let’s call this what it is: A new bull market in stocks has emerged from the ashes of the financial meltdown and the deep recession that followed. And it’s signaling the onset of economic recovery.
As highlighted yesterday, the stock markets have been on fire this July, turning up the summer heat with the Dow and S&P now on pace for their best July in twenty and twelve years respectively. For the month (as of the close today), the Dow is up 8.6%, the S&P is up 7.4%, and the Nasdaq is up 7.8%.
The recent rally in the stock market continued today, as the major indexes reached new heights for the year during intraday trading, with the Dow and S&P 500 up nearly 1 percent.
The US isn’t number one anymore. Now, it’s the Middle Kingdom that holds sway over the market.
As of yesterday afternoon, ~50% of the S&P 500 companies had reported earnings. Here's a look at which companies have had the biggest surprises so far...
Dividend yields in the S&P 500 are down since late June, as a 6% rally for the US equity index this month has pushed yields lower, and companies remain cautious about increasing their dividend payouts.
The Dow opened down 53, but that is the low for the day, so far...it's been straight up from there and the index has now gone green, led by industrials like Boeing, our parent GE, Caterpillar, United Technologies, and a few consumer stocks like Kraft, Coke, and P&G.
These are the stocks that will work – and those that won’t – when the market pulls back.
All the major US indexes were up 4% or greater for the week, after closing roughly flat for the day on Friday. The Dow crossed and remained above 9,000 on Friday, posting its best 2-week percent gain since late March 2000.